FX:GBPJPY   British Pound / Japanese Yen
230 2 4
Looks like for the meantime, GJ has bottomed. Assuming we consolidate here, ill be looking for a buy setup.
Use sound money management, and only risk what you can afford to lose.
Good Luck
whats your thinking around the potential consolidation at the point on the chart. why there?
hard to say. Anytime we have a breakout it can either just run straight up, or it will consolidate before going up. Usually a 3 pulse 'mini wave' inside the consolidation will give it lift off
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